Report: Holden Agrees to Double-Digit Wage Hike for Union Workers

GM Holden, in the midst of seeking financial help from the Australian government, reportedly agrees to a spectacular wage deal that will raise the income of 4,000 employees up to 22.3% over the next three years.
The Australian newspaper says workers will receive a guaranteed 18.3% increase, with some getting 22.3% hikes.
Neither GM Holden nor the unions have made an announcement about the new contract.
The newspaper says union leaders call the deal spectacular.
“In the ...

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